Prime rental growth outpaces capital values in most global cities
“Megacities are once again thriving as tenants are drawn back to urban living after the lifting of lockdowns," says Savills, as prime rents climb in New York, Singapore, London and Los Angeles. "The Covid lockdown rental deal is definitely a thing of the past."
Savills forecasts property price growth in most prime global cities
Of the world's major prime cities, Seoul, Berlin and Sydney are set to see the highest rates of luxury property price inflation in 2021, forecasts Savills.
Prime resi prices continue to climb in major global cities
US cities have seen the highest rates of prime property price growth in the last six months, reports Savills, as the firm predicts a slight slowdown across most world cities in the second half of this…
Prime London rental values see strongest annual growth in over 20 years
Rental prices growth continues to "roar ahead" across London, says Savills, although the market is "less panicked" than it was last year.
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An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
Chestertons bolsters London super-prime lettings team
Big-brand estate agency eyes 'strategic growth' in top-end rental sector with new Head of Super Prime Lettings.
Stamp Duty ‘should be abolished as part of a wholesale reform of property taxation’
'SDLT certainly should not be increased,' declares an in-depth new report by the Institute for Fiscal Studies, and 'a well-designed tax system would have no place for SDLT at all.'
Super-prime North London mansion frozen in international fraud probe
Luxury Avenue Road residence, City office block and West End flats among £130mn of London property identified in crackdown on alleged global fraud operation.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
Luxury agency sells brace of storied PCL penthouses
Beauchamp Estates confirms sales of Belgravia and Marylebone apartments once home to Christine McVie and Mick Jagger, as part of a £100mn run of deals.
Innovo lines up debut London resi play opposite Lord’s
First outing for UK arm of Middle Eastern luxury property giant to deliver 89 new homes in collaboration with a 'best-in-class' design team.
First Look: Valouran opens sales at Bishops Avenue Gardens
Super-prime developer's 36-unit scheme aims to usher in a 'new era' of luxury living on Billionaires' Row.
Former Property Vision advisor launches Home Counties buying agency
Eddie Ruggles-Brise has set up an indie agency.
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